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Exercise 8-4 Effect of accounting events on the financial statements of a corporation LO 8-1 Astro Corporation was started with the issue of 2,000 shares of $5 par stock for cash on January 1, 2018. The stock was issued at a market price of $12 per share. During 2018, the company earned $31,000 in cash revenues and paid $17100 for cash expenses. Also, a $2,000 cash dividend was paid to the stockholders. Required Prepare an income statement, statement of changes in stockholders' equity, balance sheet and statement of cash flows for Astro Corporation's 2018 fiscal year. Complete this question by entering your answers in the tabs below. sme chigs in Income Statement antence shea Balance Sheet Smt of Cash smo Shids Foy Prepare the income statement ASTRO CORPORATION Income Statement For the Year Ended December 31, 2016 Smtchgs in Shids Ey> Exercise 8-4 Effect of accounting events on the financial statements of a corporation LO 8-1 Astro Corporation was started with the issue of 2,000 shares of $5 par stock for cash on January 1, 2018. The stock was issued at a market price of $12 per share. During 2018, the company earned $31,000 in cash revenues and paid $17100 for cash expenses. Also, a $2.000 cash dividend was paid to the stockholders. Required Prepare an income statement, statement of changes in stockholders' equity, balance sheet and statement of cash flows for Astro Corporation's 2018 fiscal year. Complete this question by entering your answers in the tabs below. Income Statement Smt chgs in Shids Egy Balance Sheet Smt of Cash Prepare a statement of changes in stockholders. ASTRO CORPORATION Statement of Changes in Stockholders' Equity For the Year Ended December 31, 2018 Beginning common stock Ending common stock Beginning retained earnings Ending retained earnings Total stockholders' equity Exercise 8-4 Effect of accounting events on the financial statements of a corporation LO 8-1 Astro Corporation was started with the issue of 2,000 shares of $5 par stock for cash on January 1, 2018. The stock was issued at a market price of $12 per share. During 2018, the company eamed $31,000 in cash revenues and paid $17,100 for cash expenses. Also, a $2,000 cash dividend was paid to the stockholders. Required Prepare an income statement, statement of changes in stockholders' equity, balance sheet and statement of cash flows for Astro Corporation's 2018 fiscal year. Complete this question by entering your answers in the tabs below. Income Statement Smt chos in Shida y Balance et Smt of Cath Prepare a balance sheet ASTRO CORPORATION Balance Sheet As of December 31, 2018 Total assets Stockholders equity Total Paid in Capital TIete DUQUEL SUOI L DULRIRU yurty, UONOILE EL OTRU SLLEUTETILOR Corporation's 2018 fiscal year. Complete this question by entering your answers in the tabs below. Income Statement Smt chgs in Shids Egy Balance Sheet Smt of Cash Prepare a statement of cash flows. (Negative amounts should be indicated by a minus sign.) ASTRO CORPORATION Statement of Cash Flows For the Year Ended December 31, 2018 Cash flows from operating activities Net cash flow from operating activities Cash flows from investing activities Net cash flow from investing activities Cash flows from financing activities Net cash flow from financing act Net change in cash (Ending cash balance